Oireachtas Joint and Select Committees
Tuesday, 9 March 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank of Ireland: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I appreciate that but Ms Rowland made the comment that the 16 individuals have left J&E Davy when J&E Davy is only one company. There are holding companies and companies above that where the key players in this transaction - the deputy chairperson, the head of bonds and the former CEO, all former positions within Davy - are the directors of those companies with voting rights in respect of those companies. Has the Central Bank looked at the structure? It cannot satisfy itself that these individuals are no longer in Davy when they are running the mother ship. Has the Central Bank satisfied itself? Is there a competence here in terms of the Central Bank with regard to fitness and probity regarding those individuals continuing to participate at that level and within the command structure of that organisation?
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